World Investment Advisors raised its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 127.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,545 shares of the specialty chemicals company’s stock after acquiring an additional 3,107 shares during the quarter. World Investment Advisors’ holdings in Sherwin-Williams were worth $1,797,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in SHW. Fideuram Asset Management Ireland dac purchased a new stake in Sherwin-Williams during the 4th quarter worth $2,496,000. Mairs & Power Inc. lifted its holdings in Sherwin-Williams by 0.7% in the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after buying an additional 3,430 shares in the last quarter. Westview Management dba Westview Investment Advisors purchased a new position in Sherwin-Williams in the 4th quarter valued at about $2,655,000. Regents Gate Capital LLP grew its stake in shares of Sherwin-Williams by 51.9% during the third quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock valued at $3,177,000 after acquiring an additional 3,134 shares in the last quarter. Finally, Calamos Advisors LLC grew its stake in shares of Sherwin-Williams by 5.4% during the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after acquiring an additional 9,196 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently issued reports on SHW. Wells Fargo & Company dropped their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. lowered their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Mizuho cut their target price on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada reduced their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $366.77.
Sherwin-Williams Stock Performance
Shares of Sherwin-Williams stock opened at $321.38 on Friday. The firm has a market cap of $79.27 billion, a PE ratio of 30.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.12. The firm’s 50-day simple moving average is $317.09 and its 200-day simple moving average is $331.32. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65.
Sherwin-Williams (NYSE:SHW – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts forecast that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.
Sherwin-Williams Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.
Sherwin-Williams Company Profile
Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.
The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.
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